Freightways Ltd (NZE: FRE)

FRE Technical Analysis

1.5

As on
1st Nov 2017 FRE Share Price closed @
7.67 and we RECOMMENDBuy
for LONG-TERM with Stoploss of
7.41 &
Sell for SHORT-TERM with Stoploss of
7.72
we also expect STOCK to react on Following IMPORTANT LEVELS.

Freightways Limited, together with its subsidiaries, provides express package and business mail services, and information management services primarily in New Zealand and Australia. It operates through Express Package & Business Mail, and Information Management segments. The company provides network courier services under the New Zealand Couriers, Post Haste Couriers, Castle Parcels, and NOW Couriers brands; and point-to-point courier services under the SUB60, Kiwi Express, and STUCK brands, as well as offers a secure service for valuables under the Security Express brand. It also provides various postal services, including processing of letters and parcels for box-to-box and street delivery to business customers under the DX Mail brand; and a suite of mailhouse services for physical and electronic transactional mails under the Dataprint brand. The company offers its services through its network, as well as through alliances with international express package operators. In addition, it provides information management services, which comprise a range of archive management services for documents, computer media, and document destruction; and digital conversion and online back-up services for the physical storage and protection of documents and other media. The company offers its information management services under the Online Security Services, Archive Security, Document Destruction Services and Data Security Services, DataBank, Filesaver, and Shred-X brands. Further, the company provides general and aviation engineering services. Freightways Limited was founded in 1964 and is based in Penrose, New Zealand.

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